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A Delaware judge invalidated Elon Musk’s $56 billion Tesla pay package for a second time, citing undue influence and unfair terms set by Musk. Despite shareholder approval earlier this year, the court ruled the process failed to address governance concerns and transparency. The judge emphasized the board’s failure to prove the compensation plan’s fairness, suggesting alternative, reasonable payment options were possible. Tesla may appeal the decision or propose a new compensation plan.

  • Corkyskog@sh.itjust.works
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    19 days ago

    Actually the better con artist can have a ton of people know who he is and pull the same con over and over again, and he is doing that in spades. It’s like he doesn’t even need to hide it he is so good.

    • Doomsider@lemmy.world
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      19 days ago

      It is more a indictment of modern society as we have a lot of wealthy conartist including our new POTUS doing the same thing. You only have to look at examples like the pillow guy to see just about anyone can make it big with the right connections.

      So is he really good or is the environment just bad and allows these charlatans to operate with impunity. I definitely lean towards the later.